Agiloft

Agiloft

Enterprise software for contract lifecycle management

About

Agiloft provides enterprise software focused on managing the entire lifecycle of contracts, from creation to renewal. Their software allows businesses to customize the system to fit their specific needs without extensive coding, enabling rapid deployment in just weeks. This flexibility is a key feature that sets Agiloft apart from competitors. They serve a diverse clientele, including small businesses, government agencies, and large corporations, through a subscription-based model where clients can use the software either in the cloud or on-premises. Agiloft also offers an unconditional guarantee on their software and implementation services, showcasing their confidence in their product. Their goal is to deliver effective contract management solutions that enhance customer satisfaction and streamline business processes.

Company Stage

Acquired

Employees

201-500

Industries

Enterprise Software, AI & Machine Learning

Total Funding

$43.8M

Headquarters

N/A

Founded

1991


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Simplify's Take

What believers are saying

  • The recent majority stake acquisition by KKR and potential IPO indicate strong financial backing and growth prospects.
  • Agiloft's continuous innovation, including the launch of ConvoAI and AI Trainer, enhances its competitive edge and user experience.
  • Recognition as a Leader in the Gartner Magic Quadrant for four consecutive years underscores Agiloft's market leadership and reliability.

What critics are saying

  • The competitive landscape includes strong players like DocuSign, iCertis, and Ironclad, which could impact Agiloft's market share.
  • Rapid expansion and scaling, especially internationally, may pose operational challenges and strain resources.

What makes Agiloft unique

  • Agiloft's software is highly customizable and rapidly deployable, allowing businesses to implement and modify the system without extensive coding, unlike many competitors.
  • Their unconditional guarantee on both software and implementation costs is unique in the industry, reflecting their confidence in their platform's performance.
  • Agiloft's focus on integrating generative AI capabilities, such as ConvoAI and Prompt Lab, sets them apart in the contract management space.

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Growth & Insights
Headcount

6 month growth

4%

1 year growth

9%

2 year growth

22%

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